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Endocyte(ECYT - Get Report) is a biopharmaceutical company. The company is engaged in developing therapies for the treatment of cancer and inflammatory diseases.
Yesterday's Volume: 293,400
Average Volume: 151,305
Volume % Change: 55%
From a technical standpoint, this stock is very close to
triggering a big breakout trade if it can manage to sustain a move and close above its 200-day moving average of $10.60 on volume that's close to or above its three-month average action of 151,305 shares. If we see that action, then traders should watch for ECYT to trend back toward $12 to $13.50.
To see more stocks rising on unusual volume, including
Madison Square Garden(MSG), check out the
Stocks Rising On Unusual Volume portfolio on Stockpickr.
-- Written by Roberto Pedone in Winderemere, Fla.